November 24, 2020

E-Commerce Market Size, Share, Trends Analysis and Growth Forecast 2027

The Global E-Commerce Market is projected to reach a value of USD 26.34 trillion by 2027 at a CAGR of 13.9%.

The E-commerce is refers to buying and selling of goods and services on online services or over the Internet. It is also known as electronic commerce or Internet commerce, which often used to the sale of physical products online. The E-Commerce can also entail various other types of activities, which includes payment gateways, online ticketing, as well as the internet banking. Global E-Commerce market with the growing mobile and internet penetration. However, the lack of implementation of technical platform are expected to hamper the growth of the market.

E-Commerce Market: Market Dynamics

Market Driver:

  • Growing Mobile and Internet Penetration
    • There has been growing mobile and internet penetration will play a significant role for e-commerce market. The rising developing infrastructure facilities as well as the surging the number of internet users are projected to boost the market growth.
    • As per the GSM Association, by 2025 the smartphone penetration will reach more than 55% of the global population. These will lead to create an opportunity for the growth of the market in the forecast period.
    • For example, the data from ShopperTrak, the physical store traffic on Black Friday has been declined by 1% year over year, as well as the two day Thanksgiving-Black Friday period saw a 1.6% decline in traffic. Whereas, the more than 30% of sales on Black Friday has been came through a mobile device, which is increase by 10% from the previous year. Hence the indication that E-Commerce is becoming m-commerce.
    • On May 2020, chocolate maker Hershey India has partnered with Swiggy and Dunzo to launch their flagship online store in order to increase reach.
    • For example, The Government of India has introduced Bharat Interface for Money (BHIM), which provides a simple mobile-based platform for digital payments.
    • The various smartphone users is prefer to use mobile devices that includes tablets as well as smartphones for the purpose to browse stores online, rather than laptops or home computer systems.
  • Rising Flexible Online Selling Framework
  • Rising Number of Small and Medium Enterprises

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Market Challenges:

  • Lack of Implementation of Technical Platform

E-Commerce Market: Key Segments

  • The E-commerce Market is majorly segments into business type and end-user
  • On the basis of business type the market is bifurcated into business-to-business (b2b) and business-to-consumer (b2c). The business-to-business (b2b) is projected to get the largest share. The growing penetration of smartphones, coupled with Internet usage, is projected to fuel the B2B E-Commerce in the forecast period.
  • On the basis of end-user, the market is sub segmented into retail, travel and tourism, healthcare, entertainment/media, automotive and others.

E-Commerce Market: Key Regions

On the basis of region, the market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America accounted for the major market share as the region one of the highest Internet penetration rates. However, Asia-Pacific is expected to grow at the fastest growth rate with the developing infrastructure facilities as well as the increasing number of Internet users is expected to boost the growth of the market in the forecast period.

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List of the leading companies operating in the E-Commerce Market include:

  • Alibaba Group Holding Ltd (Company Overview, Financial Overview, Product Synopsis, Key Developments, SWOT Analysis, & Key Strategy)
  •, Inc.
  • Apple Inc.
  • Best Buy Co Inc.
  • Dell Inc.
  • eBay Inc.
  • Home Depot Inc.
  •, Inc.
  • Walmart Inc.
  • Other Key Companies

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E-Commerce Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

E-Commerce Market, by Business Type

  • Business-to-Business (B2B)
  • Business-to-Consumer (B2C)
    • Online Retail
    • Online Travel

E-Commerce Market, by End-User

  • Retail
    • Books
    • Cosmetics
    • House Hold Goods
    • Groceries
    • Others
  • Travel and Tourism
  • Healthcare
    • E-Health Services
    • Telemedicine
    • Others
  • Entertainment/Media
  • Automotive
  • Others

E-Commerce Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

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Table of Content

    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
    1. Introduction
    2. Drivers
      1. Growing Mobile and Internet Penetration
      2. Rising Flexible Online Selling Framework
    3. Restraints
      1. Lack of Implementation of Technical Platform
    4. Opportunities
      1. Implementation of 5G Technology
      2. Rising Number of Small and Medium Scale Enterprises
  1. Market Factor Analysis
    1. Porters Five Forces Analysis
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
    3. Value Chain Analysis
      1. R&D and Designing
      2. Manufacturing
      3. Distribution & Sales
      4. Post-Sales Services
    4. COVID-19 Impact Analysis
      1. Impact on Service
      2. Impact on Market Growth
      3. Impact on Regions
    1. Introduction
    2. Business-to-Business (B2B)
    3. Business-to-Consumer (B2C)
      1. Online Retail
      2. Online Travel
    1. Introduction
    2. Retail
      1. Books
      2. Cosmetics
      3. House Hold Goods
      4. Groceries
      5. Others
    3. Travel and Tourism
    4. Healthcare
      1. E-Health Services
      2. Telemedicine
      3. Others
    5. Entertainment/Media
    6. Automotive
    7. Others
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Australia
      5. South Korea
      6. Rest of Asia-Pacific
    3. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Spain
      6. Rest of Europe
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
    4. Key Developments
    1. Alibaba Group Holding Ltd
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
      6. Key Strategy
    2., Inc.
    3. Apple Inc.
    4. Best Buy Co Inc.
    5. Dell Inc.
    6. eBay Inc.
    8. Home Depot Inc.
    9., Inc.
    10. Walmart Inc.
    11. Other Key Companies
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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